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PwC Argues A&D Industry Be More Bold In Approaches To Innovation

By Cal Biesecker

Wednesday, May 30th, 2018

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PwC Argues A&D Industry Be More Bold In Approaches To Innovation

Despite a brighter outlook for defense spending in the U.S. and in Europe, western companies in the aerospace and defense (A&D) industry need to be more aggressive in developing new technologies in the face of emerging competition from commercial entrants and from rival countries racing to make advances in artificial intelligence and advanced weapon systems, says a new report by the audit and consulting firm PwC.The report points to relatively low organic investments by A&D companies in research and development…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]